Australian energy major AGL Energy disclosed in its half-year results that it intends to make a final investment decision (FID) over the next 18 months for 1.4GW of utility-scale battery energy storage systems (BESS).

Gold Green Energy has secured consent for a 400MWh solar-plus-BESS site, whilst AEMO has seen 18.1GW of BESS seeking a connection to the NEM.

Modo Energy has said that battery energy storage systems (BESS) in Australia’s National Electricity Market (NEM) earned an average of AU$148,000/MW (US$92,810/MW) in 2024, a 45% increase year-on-year.

Tesla has inked an MoU with the Western Australian government to develop a battery re-manufacturing facility in Collie.

Copenhagen Infrastructure Partners (CIP) has issued notice to proceed for Summerfield large-scale battery storage project in South Australia.

Developer Amp Energy has closed project financing for the construction of the first stage of its 500MWh Bungama BESS in South Australia. 

Potentia Energy, a joint venture co-owned by Enel Green Power and INPEX, is set to secure several battery energy storage system (BESS) assets across Australia as part of a 1.2GW portfolio acquisition.

A 450MW wind-plus-storage project in Tasmania, featuring a battery energy storage system (BESS) with a capacity of 200-400MWh, has been submitted for approval under the Australian government’s Environment Protection and Biodiversity Conservation (EPBC) Act.

Renewable energy developer Ampyr Australia has secured Shell Energy Australia’s remaining stake in the 1GWh Wellington battery energy storage system (BESS) in New South Wales.

Eku Energy’s chief technology officer, Elias Saba, discusses the shift in economics of long-duration BESS in Australia’s NEM.